Do’s and Don’ts of Corporate Sponsorship

Corporate sponsors often provide much-needed funding to nonprofit organizations in return for recognition and other benefits. It is important that your organization be aware of the potential tax consequences of providing benefits to the sponsor that exceed the safe harbors set by the IRS. Here are some helpful do’s and don’ts to follow to prevent your organization from inadvertently losing a large chunk of its sponsorship dollars to taxes.  Posted with permission of Pro Bono Partnership Atlanta.